Can you message me your positions.
Your observations on below two scenarios,
Why is there a change margin figures compared to the previous day’s margin figures even though the markets haven’t started yet ?
Why are the margins lower at the beginning of the week (friday) and keep increasing (In weekly options) ?
My wild assumption is to attract traders with fresh positions and then charge them!
Hi,
I am new to trading. I have one query regarding this peak margin rule.
From 1st Sep 2021, 100% of VAR+ELM+ADHOC margin will be required for intraday transactions in equity? right?
Thanks
abhijeet
No, for intraday trading in equity, from September 1st, minimum 20% of VAR + ELM will be blocked, giving one maximum leverage of 5x.
In F&O segment, one will need 100% SPAN + Exposure margin, as result, there won’t be any intraday leverage in F&O.
thank you.
20% of trade value not 20% of var+elm
Sir , i have a doubt. At present when 6x leverage is alloed on intraday equity.
1 ) Say i have 2 Lac cash. First trade , i went long for MIS 6 Lac position. Executed . 1 Lac in cash got blocked (6x leverage). 2-1 =1 Lac untilised OK
- Now , after some price movement , i want to end my long position , and also go short simulatenously in same stock. So i want to sell MIS 12 Lac as to go short. This way my previous 6L will get cncelled , as well as new 12-6=6L short will be created in one trade.
- Now question is since only 1 L available as cash . So will it allow me to take opposite trade of 12L in one go. ( As 12L short wud require 2L cash) I mean i can of course first sell my 6 L long position free up my 1L cash , and then subsequently take short for 6L .
4 ) Will your " System/Logic "will allow me to do so in one step (understanding that new trade will cancel my prior position, and 1L will be free) Or will have to do it in 2 steps , as dedined in previous para ??
Hello, can someone confirm if new margin rules updated on Zerodha Margin calculator as well??
You can check on kite order window or on kite baskets.
Thanks for reply, but is it this one upto date one based on new SEBI Rule?
I think it is but you can give it a try and check by yourself.
@siva-reddy, I had few hundred bucks in my account showing as cash until yesterday. But today morning I see some 3300 in minus.
I have not executed any trade in past 2 days or today. And not even have any buy sell order pending.
Then why this? Is this related to new peak margin rule? Please explain why.
How do we even know if this is normal or if we need to be worried at end of day for making account balance positive? There is no hint.
You can create ticket to know the reason.
Already done but no response yet.
Can you shed any light on this as a general matter of fact? So that I and other zerodha customers can benefit from your inputs.
What I mean is you would already know this from some other complaints for a reason behind this.
I am not aware of the reason, once you got the reply maybe you can update.
Dear Siva
Pls answer my question. At present when 6x leverage is allowed on intraday equity.
1 ) Say i have 2 Lac cash. First trade , i went long for MIS 6 Lac position. Executed . 1 Lac in cash got blocked (6x leverage). 2-1 =1 Lac untilised OK
Now , after some price movement , i want to end my long position , and also go short simulatenously in same stock. So i want to sell MIS 12 Lac as to go short. This way my previous 6L will get cncelled , as well as new 12-6=6L short will be created in one trade.
Now question is since only 1 L available as cash . So will it allow me to take opposite trade of 12L in one go. ( As 12L short wud require 2L cash) I mean i can of course first sell my 6 L long position free up my 1L cash , and then subsequently take short for 6L .
4 ) Will your "System/Logic "will allow me to do so in one step (understanding that new trade will cancel my prior position, and 1L will be free) Or will have to do it in 2 steps , as dedined in previous para ??
I had Rs 22974 in my account as opening balance, I traded:
5 Shares of AMARAJABAT at 745.8 For 3729
9 Shares of HGINFRA at 408 For 3672
15 Shares of EPL at 251.6 For 3774
13 Shares of LAOPALA at 284.56 For 3699.28
83 Shares of HFCL at 45.8 For 3801.4
6 Shares of SPANDANA at 637 For 3822
7 Shares of CANFINHOME at 562.18 For 3935.26
2 Shares of TITAN at 1672 For 3344
9 Shares of PSPPROJECT at 408.2 For 3673.8
A total of Rs 33450. The next trade of 2 shares of SUPREMEIND at 2311 got rejected due to low margin. This was on 03/06/2021. This is not 5X. Not even 2X.
All the orders were placed from Pi (Zerodha) in MIS with SL(buy above trigger price). Not BO or CO.
Can anyone explain what happened here?
is this peak margin penalty applicable for a single Intraday equity trade using 100% of capital ??
Margin penalty is for the brokers, not you.
you are wrong